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MSNBC
Oct 5, 2012 12:00pm PDT
%. >> peter, when romney was governor of massachusetts, the unemployment rate went down because a lot of people left the state. is he fair to make this point now? >> i think it is fair to say that the unemployment rate has come down simply over the course of this recovery and the bahama presidency because fewer people looked for work. if the same number of people were looking for work today as when mr. obama became president, that number is consistent with my computations. it's important to recognize that this month the household survey for which unemployment rate is computed as opposed to the jobs count and enterprises indicated that about 800,000 people found jobs. that's about 6% increase in the number of people employed, which is an absurd number. no one can believe we have a 135% annual growth rate in employment with the economy growing so slowly. what it appears is a lot of folks out of work have established home-based businesses and they're working on some kind of part-time basis. a reporter that lost his job working as a stringer or something. i don't view the 7.8% as encourag
Search Results 0 to 1 of about 2 (some duplicates have been removed)